Ian Brown :verified: on Nostr: Actually, I'd argue that the mind-bogglingly wasteful allocation of billions and ...

Actually, I'd argue that the mind-bogglingly wasteful allocation of billions and billions of dollars in capital to #crypto and bogus #AI startups is a much bigger headwind for the US economy.

VCs are a terribly inefficient way of funding the growth and innovation our economy needs right now.

Folks like Roelof don't actually care about the economy, they just want their short-term bets to pay off and that won't happen if the government is able to protect consumers and workers from their grift.